Individual policy definition

Individual policy means an individual or family policy or subscriber contract issued by an insurer.
Individual policy means an insurance policy whereby an insured receives hospital or medical coverage on either an expense incurred or service basis, other than for specified diseases or for accidental injuries, and a long−term care insurance policy.
Individual policy means a policy under which a particular person is the life insured, or two or more particular persons having an insurable interest in each other are the lives insured jointly;

Examples of Individual policy in a sentence

We will reimburse the amount equal to 1% of the sum insured max up to Rs. 5000/- for each member in Individual policy during the block of 3 years.

We will reimburse the amount equal to 1% of the sum insured max up to Rs. 2000/- for each member in Individual policy during the block of 3 years.

However, your former SPOUSE may continue coverage under an Individual policy through your employer GROUP.

In case a member is detected with a Chronic condition before the Start date of the Policy, then the member can only buy a Individual policy type, such member is not eligible for a floater policy.

Individual policy rates file and use; minimum lifetime loss ratio guarantee.


More Definitions of Individual policy

Individual policy means a Policy described as such in the Policy Schedule where the individual named in the Policy Schedule is the Insured Person under this Policy.
Individual policy means an individual policy of insurance providing coverage for the Executive and his dependants.
Individual policy means an accident and health insurance policy or certificate delivered or issued for delivery in this state by an insurer, nonprofit hospital or medical service organization, a domestic nonprofit mutual association which is engaged in the furnishing of hospital services, medical or surgical benefits, a health maintenance organization, or a self‑insurance plan.
Individual policy means a policy or endorsement to a policy issued to a TNC driver.
Individual policy means, with respect to life insurance and sickness and accident insurance, a policy other than a group policy, except that "individual policy" also includes all of the following:
Individual policy or "converted policy" means an individual health insurance policy issued by an insurance company or an individual contract issued by a service corporation or health maintenance organization or similar corporation or organization.
Individual policy means a Policy described as such in the Schedule of Insurance Certificate where the individual named in the Schedule of Insurance Certificate is insured under this Policy.